The work most firms duck.
We do it every week.
If you have income, assets or family in more than one country, your file isn’t the standard one. Two tax codes that don’t agree, foreign-asset reporting in both directions, FEMA, repatriation, residency tie-breakers — this is our specialty, not a side practice.
India ↔ USA / UK / Canada / Australia
DTAA · FEMA · Schedule FA · FBAR
Cross-border tax done in one engagement, not three.
Most firms specialise on one side of the border. The result is predictable: your Indian CA assumes the US accountant has handled the credit; your US accountant assumes the same in reverse; somebody pays tax twice and nobody catches it for years.
We sit on both sides. The same lead reads the Indian ITR and the foreign return. Foreign tax credit applied once, on the right side, under the right treaty article. Foreign assets reported in both jurisdictions. Repatriation routed cleanly through 15CA/CB without a frozen NRO account.
The full cross-border stack.
Residency & planning
Day count- Residency analysis under Indian Income Tax Act & the host country’s rules
- Tie-breaker test under DTAA (centre of vital interests, habitual abode)
- Pre-departure and pre-arrival tax planning
- Choice of residency status when you have flexibility
Dual filings
Both sides- India ITR alongside US 1040, UK SA, Canada T1 or Australia ITR
- Schedule FA (India) and Schedule III foreign asset disclosures
- FBAR, FATCA, T1135, & equivalent foreign-asset filings
- Foreign tax credit / FITO applied correctly under treaty
FEMA & repatriation
RBI- NRE / NRO / FCNR account status & conversion advisory
- LRS planning under the USD 250,000 annual limit
- 15CA & 15CB chain for outward remittances
- Repatriation of inheritance & sale proceeds of property
- Remittance from RFC accounts after returning to India
Investment structuring
Before, not after- India vs abroad — tax-adjusted return comparison
- Mutual fund & equity rules for NRIs (PIS / non-PIS)
- US PFIC trap on Indian mutual funds — structuring around it
- Real-estate purchase, holding, repatriation
- Insurance & pension treatment after relocation
Capital gains & property
Disposals- Sale of Indian property by NRI — section 195 TDS, lower-deduction certificate
- Indexation, exemptions u/s 54, 54EC, 54F
- Reinvestment vs repatriation — modelled both ways
- Cross-border capital-gains coordination so you don’t pay twice
Notice handling
When letters arrive- 143(1), 143(2), 148, 142(1) & reassessment notices
- IRS / HMRC / CRA / ATO equivalents on foreign-asset disclosures
- TDS mismatch reconciliations & AIS / Form 26AS reviews
- Streamlined / VDP routes only when justified
What clients actually walk in with.
Founder with a Delaware LLC and an Indian Pvt Ltd
Royalty / management-fee structure, withholding tax under the India-US DTAA, transfer pricing on intercompany invoices, and ESOP grants to Indian employees of the US parent.
NRI doctor in the UK with rental in Mumbai
Indian rental taxed in India under section 24, claimed as foreign income on UK SA, foreign tax credit reconciled, and repatriation organised through NRO with 15CA/CB.
Returning resident with a Canadian RRSP & TFSA
RRSP coverage under the India-Canada DTAA, TFSA tax treatment in India (it’s not what you’d hope), and clean Schedule FA disclosure from year one of residency.
Australian resident inheriting Indian property
Inheritance is not taxable in either country — but the rental income, the sale, and the repatriation all are. We sequence the steps so nothing’s taxed twice.
Predictable, document-light on your end, properly documented on ours.
Discovery
A 30-minute call where we map your residency, accounts and obligations on a single sheet. No charge.
Scope & quote
A written engagement letter with a fixed annual fee for fixed work, and an hourly schedule for advisory.
Onboarding
Secure portal, a checklist that fits your situation, and a calendar of every filing for the year ahead.
Annual rhythm
Quarterly check-ins, deadline-driven filings, and a senior reviewer on the file before anything is submitted.
Questions clients ask first.
Do I need to file in India even if I’m a non-resident?
If you have any India-source income above the basic exemption (rent, FD interest, capital gains, professional income), yes. Even when you owe nothing, filing is often required to recover TDS and to obtain a Tax Residency Certificate.
I have an Indian mutual fund. Why is my US accountant nervous?
Because most Indian mutual funds are PFICs (Passive Foreign Investment Companies) under US tax rules — punitive treatment on the US side. We restructure or elect (QEF / mark-to-market) where appropriate. Best handled before, not after, you become US-resident.
What’s the difference between an NRE and NRO account, tax-wise?
NRE interest is exempt in India. NRO interest is taxable, with TDS at 30% (plus surcharge and cess). DTAA can reduce the rate. Once you become a resident again, both convert — we handle the transition.
Can you obtain a Tax Residency Certificate (TRC) for me?
Yes. Form 10FB in India, equivalent forms abroad. We handle the Form 10F and PAN linkage so the foreign payer accepts treaty-rate withholding.
I’ve been an NRI for 8 years and never filed in India. What now?
Belated returns where eligible, updated returns u/s 139(8A) where they’re not, and a clean assessment of which years actually need filing — not blanket panic. We do this work often.
I had spent two years getting the same answer from three different CAs: “Talk to your US accountant.” ProFuture is the first firm that just sat with both returns open and did the work. They saved me the foreign tax credit my US accountant had quietly never claimed.A. IyerNRI · Bay Area & Bengaluru
Bring the messy file. That’s the one we’re built for.
30-minute consultation, free, and you’ll leave with a written summary of where you stand — even if it isn’t hire us.